Jul 20, 2007 at 8:21am ET by Barry Schwartz
EU OKs German Online Search-Engine Grant from Forbes reports Theseus, a German search research project, has received a $165 million grant from the European Union.
Theseus aims to develop an advanced multimedia search engine. The EU will allow German subsidy of the project through 2011.
We covered news in the past about this search project as well as the related Quaero project, which is being backed by France.
Related Topics: Business Issues: Acquisitions & Investments | Search Engines: Outside USA | Search Engines: Video Search Engines
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